Category: Personal Finance
Personal finance and money management can be very confusing. Most people know that optimizing their finances is important but few feel confident that they have the knowledge to do so.
At Fioney we stay on top of the latest economic trends, financial products, and money management strategies in order to provide the knowledge to help you use the money you have today to live the life you want.
Learn to make your money work for you. Whether it’s getting debt free or buying a home we have you covered.
Personal Finance
Personal Finance
IRS Increases 401(k) Contribution Limit for 2022 Tax Year
As the new year approaches, the Internal Revenue Service (IRS) has announced some changes to its retirement account contribution limits as part of its regular cost‑of‑living adjustments. Most notably, this includes an increase in the total amount employees can contribute to their 401(k) during the tax year. Additionally, income limits for IRAs and the Saver's Credit have been adjusted upwards as well. Next year, the employee contribution limit for 401(k)...
Personal Finance
Burger King Partners with Robinhood for Crypto Promotion
There's no question that the past few years have seen cryptocurrencies growing increasingly mainstream. While trading these digital assets was once a challenging and technically advanced experience, now there are plenty of easy-to-use options. Speaking to that reality, iconic fast-food chain Burger King has announced a partnership with Robinhood that will allow customers to win crypto assets with their food orders. For a limited time, when Burger King Royal Perks...
Personal Finance
T-Mobile Announces Paramount+ Perk for Post-Paid Customers
Over the past several years, the entertainment landscape has shifted tremendously with the advent of streaming services. While this trend initially enabled consumers to save money via so-called "cord-cutting," the sheer number of platforms that have popped up has begun to bloat some customers' entertainment budgets. To help ease some of that burden, wireless carrier T-Mobile announced that customers will soon be able to enjoy Paramount+ for free thanks to...
Personal Finance
EV Automaker Rivian to Offer IPO Shares on SoFi Invest
In recent years, the true power of retail investors — especially those using FinTech apps such as Robinhood and others — has been on full display. Thus, earlier this year, some of these platforms began offering customers the ability to purchase initial public offerings shares at their list price before they hit the market. Now, the much-hyped electric vehicle manufacturer Rivian has revealed that it will be inviting SoFi users...
Personal Finance
Freelancer Financial Tool Able Raises $3.2 Million
A FinTech platform that looks to help self-employed creators and freelancers with their money has raised some of its own. This week, Able announced that it had closed a $3.2 million investment. The seed round was led by Elefund while Moonshots Capital, Next Coast Ventures, Signal Peak Ventures, and LocalGlobe also participated. With the funding, Able plans to expand its reach after launching its app earlier this year. Able is...
Personal Finance
Survey: Majority of Gen Zers Report Making Positive Money Steps
For years, many Americans along with members of the media have often mistakenly referred to freshly-graduated and college students as "Millennials" when, in fact, it's now Gen Z that is entering adulthood. As they do so, Gen Zers are learning a lot about money — especially during the past 18 months or so. However, as a recent Bank of America survey of 18 to 24-year-olds shows, a majority of these...
Personal Finance
